CANADA STOCKS-TSX futures rise with oil prices

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May 9 (Reuters) - Stock futures for Canada’s main equity index were higher on Wednesday as oil prices jumped after U.S. President Donald Trump pulled the United States out of a nuclear agreement with Iran.

Trump’s decision on Tuesday raised the risk of conflict in the Middle East, upsetting European allies and casting uncertainty over global oil supplies.

June futures on the S&P TSX index were up 0.27 percent at 7:15 a.m. ET.

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Pipeline operator Enbridge Inc said on Wednesday it would sell a 49 percent stake in some North American and German renewable power assets for C$1.75 billion ($1.35 billion) to the Canada Pension Plan Investment Board.

Canadian insurance company Sun Life Financial Inc’s quarterly profit beat analysts’ estimates on Tuesday as the company sold more managed funds and paid lower tax rates for its U.S. business.